Discover a range of programs designed to reduce costs and cover expenses. Explore
available financial aid options and begin your application today to get started!
Student Financial Services
Building #22, Room STS-111
Monday - Thursday: 8 AM - 5:30 PM
Friday: 8 AM - 1 PM
Contact Us
Government-funded grants are awarded based on financial need and do not need to be
paid back. To determine eligibility for local, state, and federal grants, complete a FAFSA or
California Dream Act application.
The MPC Promise Grant provides first-time, full-time students with the opportunity
to have their first two years of tuition covered at no cost. This program is open
to students who demonstrate no financial need - regardless of income, age, or year
of high school completion. Grants awarded through the MPC Promise do not require repayment.
The California College Promise Grant (CCPG) (formerly known as the BOG Fee Waiver)
provides tuition-free access to community college for eligible California residents.
Eligibility is determined based on financial need, GPA, income qualifications, and
residency. CCPG awards cover enrollment fees only.
Applicants who meet all requirements will receive a Federal Pell Grant based on
need and enrollment status. Maximum Pell Grant funding for 2025-2026 is $7,395.
Students who are eligible for additional assistance may be offered an SEOG if eligible
for the Pell Grant. Funds are awarded based on priority and need.
Cal Grant recipients must be California
residents or considered an AB540 by the Admissions & Records Office. The Cal Grant application
is separate from the
FAFSA
and
Dream Act. To apply, complete the
FAFSA or
Dream Act and
Cal Grant GPA Verification Form no later than March 2nd or September 2nd for the competitive Cal Grant.
Scholarships are financial awards provided by individuals, foundations, or private
endowments that do not require repayment. Discover over 90 scholarships available
through MPC, along with opportunities to apply for funding from regional, state, and
national organizations.
Federal Student Loans are available for students to borrow money to cover education
costs. Varying loan amounts are awarded depending on eligibility, and must be paid
back.
Federal Work-Study allows students with financial need to pay for college and build
their resume at the same time Complete the FWS Request Form and choose from a variety
of on-campus roles!
Important Dates for Fall / Spring 2025-2026
Drop Dead Dates refer to the last day to add and/or drop classes so your financial
aid can be adjusted prior to Major Disbursement Dates. These dates apply to students
who have received an email from the MPC Financial Aid Office indicating they have been awarded and have disbursement dates
posted on their Financial Aid Portal.
Financial aid is disbursed to your Monterey Peninsula College student finance account
by the end of the scheduled disbursement day, providing you have completed your financial
aid requirements. Any remaining credit after applicable charges are paid on your finance
account will be refunded to you through BankMobile Disbursements, a technology solution,
powered by BMTX., within 7 calendar days. Dates are subject to change without prior
notice. Monterey Peninsula College has collaborated with Bank Mobile to disburse funding.
You will need to go to www.refundselection.com to set up your Bank Mobile account. You can either have your funds deposited into
your existing bank account or you can set up a Bank Mobile account. If you have any
questions regarding the financial aid process, you can email us at financialaid@mpc.edu.
Please Note: Classes that start after the second "drop dead" date will not be considered
in your financial aid enrollment status and not funded for payment purposes.
| Semester |
Drop Dead Dates |
Major Disbursement Dates |
| Fall |
August 12, 2025 |
August 19, 2025 |
| Mid-Fall |
October 15, 2025 |
October 22, 2025 |
| Spring |
January 20, 2026 |
January 27, 2026 |
| Mid-Spring |
April 1, 2026 |
April 8, 2026 |
| Summer |
May 26, 2026 |
June 2, 2026 |
Sep 02
1:00 PM - 4:00 PMMarina Campus
Sep 10
10:00 AM - 12:00 PMBusiness, Math, Computing Building #18
Sep 10
2:00 PM - 5:30 PMBusiness, Math, Computing Building #18
